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This is an archive article published on December 28, 2010

Hong Kong stocks end lower

Hong Kong shares slid on Tuesday,marking a third consecutive day of falls.

Hong Kong shares slid on Tuesday,marking a third consecutive day of falls,with banks leading the slide as a surprise interest rate rise over the weekend triggered policy tightening fears in a quiet and thin market.

China Construction Bank Corp led the slide retreating 1.5 per cent,and Industrial and Commercial Bank of China Ltd fell 1.4 per cent.

The Hang Seng Index ended down 0.93 per cent at 22,621.73,its biggest single day of fall in percentage terms in nearly two weeks. The China Enterprises Index of top locally listed mainland Chinese companies was down 1.07 per cent at 12,309.59.

 

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